Page 140 - MOE ENGLISH PR REPORT- NOVEMBER 2024

energy, advanced manufacturing, agri-tech and trade tech, will support our ambition to develop an
economy-based on knowledge and innovation," he added.

Dr. Al Zeyoudi stated that the experience of Continuous Ventures will help NextGen FDI companies
leverage the opportunities in the local and regional market but introduce new enterprises to its
network.

Colin Meagle, Founding Partner of Continuous Ventures, said, "The UAE is an ideal base for our
headquarters due to its forward-looking approach to technology and innovation. Through our
partnership with NextGen FDI, we can help homegrown startups compete on a global stage,
transforming local ideas into world-changing companies. This collaboration marks an exciting new
chapter for us, and we're honoured to contribute to the UAE's journey towards becoming a world
leader in tech innovation."

Founded in 2018 in Dublin but now seeking to expand from its new global headquarters in Dubai,
Continuous Ventures offers a hands-on support model to early-stage companies, providing them
with tools, resources, industry knowledge and mentorship.
The firm, which has a strong focus on ESG investing, also provides operational guidance in areas
such as market research, product development and financial hygiene, deploying a "teach-a-
founder" approach. This dovetails with the NextGen FDI initiative's role in accelerating the
development of a supportive ecosystem for high-growth, high-potential companies.

Continuous Ventures will initially support high-potential UAE-based startups within its Dubai and
Abu Dhabi offices, with plans to expand into a larger campus-style facility in DIFC as the
programme scales with client and investment partners.

The firm's mission goes beyond funding; it aims to build a culture of excellence by fostering a
collaborative environment where entrepreneurs can interact with industry veterans, refine their
ideas, and work towards their next milestone. They will further support the UAE's startup ecosystem
by introducing their A, B and C investment partners to the region.

https://www.wam.ae/en/article/b6e284c-nextgen-fdi-programme-partners-with-continuous